crude supply glut

Oil in unrelenting rout, dives to fresh 12-year low under $27 per barrel

Oil has fallen more than 25 percent so far this year, the steepest such slide since the financial crisis, piling more pain on oil drillers and producing nations alike.

Jan 21, 2016, 09:52 AM IST

Oil prices drop despite Middle East tensions

Oil prices extended losses, as the crude supply glut overshadowed a diplomatic row.

Jan 06, 2016, 02:38 AM IST